Circle’s cryptocurrency exchange subsidiary, Poloniex, has been making moves to improve the accessibility of the platform. New ways to buy crypto assets on Poloniex! Customers in 80+ countries can deposit or withdraw $ USDC directly from their bank account. Customers in 60+ countries can now buy $ BTC using their debit or credit card: https://t.co/WIhdScej5W — Poloniex […]
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Celer Network (CELR) Partners With Wyre to Enable Direct Crypto Purchases
Celer Network (CELR), a second-layer scaling Ether platform that enables fast, easy and secure off-chain transactions for Ethereum, announced today that it has partnered with blockchain payments provider, Wyre. According to the recent announcement, the new partnership will allow users to purchase and use crypto directly on Celer’s layer-2 mobile application, CelerX, which provides zero-gas-fee […]
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Cashaa Now Accepts Debit, Credit Cards for Crypto Purchases
Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards.
This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments. According to a company statement shared with Bitcoin Magazine, the service will be available to users all over the world, excluding the U.S.
In-Wallet BCH Purchases and BCH Merchant App in the Weekly Update From Bitcoin.com
An integration with Moonpay allows users of the Bitcoin.com wallet in the U.K. and Europe to buy bitcoin cash with credit cards and merchants can accept BCH payments with a new POS app which is now online. This and more in the weekly video news update shared on Bitcoin.com’s Youtube channel.
Also read: Crypto Rocket Lets You Track Over 2,000 Cryptocurrencies
Buy Bitcoin Cash in the Bitcoin.com Wallet
Residents of the United Kingdom and other countries in Europe will be able to purchase bitcoin cash directly through their Bitcoin.com wallet using a credit card. That’s possible thanks to the integration of the Moonpay service with the latest release of the client.
KuCoin Adds Credit Card Purchases for Bitcoin, Ethereum, Litecoin and XRP
KuCoin, a Singapore-based crypto exchange, now supports the purchase of major cryptocurrencies directly using debit and credit cards, providing the exchange’s first fiat on-ramp. Q: What should I do if I want to buy some #BTC with no #cryptocurrency in my account? A: Purchase it on #KuCoin, which provides a credit and debit card service with […]
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Binance Now Supports Crypto Purchases With Credit Cards
Binance has finally joined the fiat-on-ramp party, adding support for crypto purchases using credit cards. This is made possible through its integration with payment processor Simplex, according to a press release shared with Bitcoin Magazine.
The credit card option has a daily limit of $ 20,000 per user and $ 50,000 monthly limit per user. For every transaction that goes through the Simplex gateway, a user will be charged 3.5 percent of the transaction or a $ 10 flat fee, whichever is higher.
Coinbase Killer? Binance Adds Direct Debit and Credit Card Purchases
Binance, the world’s largest crypto exchange, announced Thursday that investors can now directly purchase major cryptocurrencies using Visa and MasterCard debit and credit cards. #Binance Enables Debit and Credit Card Paymentshttps://t.co/EuJSsaHsQU pic.twitter.com/5uhflUcmXL — Binance (@binance) January 31, 2019 According to the announcement, users on Binance can now use Visa and MasterCard to buy Bitcoin (BTC), Ethereum (ETH), Litecoin […]
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Ethos Introduces Direct Crypto Purchases in Its Universal Wallet
Ethos (ETHOS), a cryptocurrency storage and monitoring platform built on the blockchain, announced Wednesday that it has partnered with Simplex to bring the company’s crypto purchasing functionality to the Universal Wallet. Now, users can easily and safely buy crypto directly in their Universal Wallet through @SimplexCC, while always maintaining self-custody. Simplex is a global instant fiat purchasing […]
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Shakepay Change enables Canadians to buy BTC by auto-rounding up everyday purchases
Montreal, Quebec, Canada-based digital currency exchange Shakepay announced in a press release it sent to CoinReport a new feature called Shakepay Change, which allows for Canadians, after signing up on the exchange’s website, to buy bitcoin by automatically rounding up their everyday bank card purc…
The post Shakepay Change enables Canadians to buy BTC by auto-rounding up everyday purchases appeared first on CoinReport.
Stablecoin Purchases Surged Amid Wednesday’s Crypto Market Drop
The broader cryptocurrency market plummeted on Wednesday, but stablecoins in particular saw no shortage of buyers.
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Drake Purchases a Stake in the 100 Thieves eSports Team
Rap music legend Drake has reportedly purchased a stake in 100 Thieves, a Los Angeles-based lifestyle, apparel and esports company. According to the announcement, Drake co-led the company’s Series A fundraising round with Scooter Braun, a talent manager and entertainment executive. With the Series A, 100 Thieves has raised more than $ 25 million to date from notable […]
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New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin
Indonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market.
Also read: Payments Platform Wirex Launches Iban For Spanish and French Users, Doubles Account Limits
Payments Go Crypto With ‘a First for Africa’, in Nigeria, by Pundix
A Nigerian importer and distributor of agriculture products has installed a point of sale payment system that is underpinned by cryptocurrency such as bitcoin (BTC), in what the owners claim ‘is a first for Africa.’
Andreessen Horowitz Purchases 6% of the MakerDAO (MKR) Supply
Venture capital giant Andreessen Horowitz has made its next major cryptocurrency investment, investing $ 15 million in MakerDAO (MKR), the creator of stablecoin Dai (DAI). OFFICIAL: @a16z crypto purchases 6% of MKR, backing Stablecoin Vanguard MakerDAOhttps://t.co/5gQ67HSevW #Dai $ Dai #MKR $ MKR — Maker (@MakerDAO) September 24, 2018 According to an announcement by MakerDAO, 6% of the total supply of MKR […]
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Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases With Fiat
Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies.
Founded in 2014, Abra is working toward providing users with maximum privacy and control. The application is non-custodial, and the wallet’s private keys are never held by anyone other than the actual user. Abra employs no middlemen, ensuring customer funds are never touched, managed or viewed by outside parties. Past and present investors in Abra include American Express Ventures, First Round Capital, Arbor Ventures and RRE Ventures.
Bittrex Purchases Stake In Malta Blockchain Startup
Bittrex, which is one of the world’s leading cryptocurrency exchanges, has recently bought a 10% stake in the Malta-based blockchain company Palladium, according to recent media reports. Bittrex, founded in 2014, provides digital wallets, real-time trade execution and other security practices.
Palladium was launched to much fanfare back in July this year, with Joseph Muscat – the Prime Minister of Malta – making a speech at the launch event. Mr Muscat claimed that the recent development was the next in a step to turn Malta into the “blockchain island”.
Continue reading Bittrex Purchases Stake In Malta Blockchain Startup at Crypto Daily™.
E-Commerce Giant Rakuten Purchases Bitcoin Exchange Firm for $2.4 Million
E-commerce giant Rakuten recently announced plans to enter the cryptocurrency industry through the acquisition of a local Bitcoin exchange. The Japanese company has entered into a share transfer agreement for a 100% stake in the Tokyo-based exchange company, Everybody’s Bitcoin. The acquisition, which cost the firm 265 million yen, or $ 2.4 million, is set to finalize October […]
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Abra Announces New Credit Card Payment Options for Bitcoin Purchases
Bitcoin payment startup Abra has announced the addition of Visa and Mastercard payment options for buying bitcoin on its platform. The new payment option is in partnership with fintech company Simplex, per the company’s blog post.
Up until today, users who wanted to purchase cryptocurrencies were limited to a few options that included bank deposits and wire transfers. In addition to these, the company also offers a means of buying altcoins using either bitcoin or litecoin for countries where bank wires and deposit options are unavailable.
Wells Fargo Halts Credit Card Cryptocurrency Purchases
Wells Fargo & Company, a San Francisco-based financial services giant, announced recently that it will no longer allow cryptocurrency purchases using its bank-issued credit cards.
Joining the Ranks
U.S. financial services company Wells Fargo and Company has announced that it will no longer allow customers to use bank-issued credit cards for cryptocurrency purchases.
With this move, Wells Fargo joins the ranks of other major U.S. banks who have already prohibited the purchase of cryptocurrency with their credit cards — namely, JP Morgan Chase, Bank of America, and Citigroup.
The main concern, as expressed by a Wells Fargo spokesperson, lies within the high volatility of the cryptocurrency market:
[Guest Post] With Banks Banning Cryptocurrency Purchases on Credit Card, What Should Your Next Step Be?
By Harsh Agrawal Recently the cryptocurrency world received a jolt of sorts, when several major banks decided to ban the purchases of virtual currency using Credit Cards. Bank of America, Citigroup, Lloyds Banking Group, Virgin Money, JPMorgan have all halted cryptocurrency purchases made on Credit….
The post [Guest Post] With Banks Banning Cryptocurrency Purchases on Credit Card, What Should Your Next Step Be? appeared first on CoinReport.
Reddit Drops Bitcoin Support for “Gold” Purchases
The year 2018 has not been all that positive for Bitcoin just yet. With the Bitcoin price in a slow and steady decline, it is evident something will need to change. Moreover, early adopters of Bitcoin as a payment option are rethinking their decision. Reddit is the latest company to remove BTC as a payment method altogether.